# INITIAL GROUP (RITSON STREET) LTD (09772457)

> INITIAL GROUP (RITSON STREET) LTD is an active private limited company (company number 09772457) incorporated on 10 September 2015, registered in Spennymoor. Its registered activity is buying and selling of own real estate (SIC 68100). Latest small accounts cover the period ending 28 February 2025, showing net assets of £92k and cash of £54, with 1 employee on average. Net assets fell 42% on the prior period (£160k).

- Status: Active
- Incorporated: 2015-09-10
- Registered office: Spennymoor, DL16 7JW
- SIC 68100: Buying and selling of own real estate
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-09-24
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 18,162 comparable companies in Other (median £1, upper quartile £10k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £92k | £54 | −£131k | — | — | — | 1 |
| 2024-02-29 | £160k | £18 | −£132k | — | — | — | 0 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £92,351 at 28 February 2025
- Net assets down 25% or more on the prior period: -42.2% vs prior period
- Incorporated five or more years ago: Incorporated 10 September 2015

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Wayne Andrew Baister — owns 75–100% of shares; holds 75–100% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/09772457
HTML: https://firmoscan.com/company/09772457-initial-group-ritson-street-ltd